2026-07-23T14:38:05-05:00 2025-12-31 410746749 CLIFTONLARSONALLEN LLP TWO INTERNATIONAL PLACE 22ND FLOOR BOSTON MA 02110 990 2025-01-01 541659039 MOAA CHARITIES MOAA 7035492311 201 N WASHINGTON STREET ALEXANDRIA VA 22314 CARLOS PEREZ JR EXECUTIVE VICE PRESIDENT & CFO 7035492311 2026-07-23 1 LINDSEY PIGG P01268923 7819821001 2026-07-23 2025 2025-03-06 01:10:19Z X CARLOS PEREZ JR 201 N WASHINGTON STREET ALEXANDRIA VA 22314 25762853 0 X WWW.MOAA.ORG/SCHOLARSHIPFUND X 1993 VA PROVIDE INTEREST-FREE LOANS & GRANTS FOR UNDERGRADUATE EDUCATION TO CHILDREN OF FORMER, ACTIVE AND RETIRED COMMISSIONED OR WARRANT OFFICERS OF THE SEVEN UNIFORMED SERVICES, AND TO CHILDREN OF ACTIVE OR RETIRED ENLISTED MEMBERS OF THE ARMED FORCES. 6 6 0 6 0 0 3560909 3770763 0 0 5041725 8973100 -54772 -78665 8547862 12665198 4350500 6700650 0 0 775994 807579 0 0 348335 1231170 1333885 6357664 8842114 2190198 3823084 172236283 185111489 1675126 1284135 170561157 183827354 PROVIDE INTEREST-FREE LOANS AND GRANTS FOR UNDERGRADUATE EDUCATION TO CHILDREN OF FORMER, ACTIVE, AND RETIRED COMMISSIONED OR WARRANT OFFICERS OF THE SEVEN UNIFORMED SERVICES, AND TO CHILDREN OF ACTIVE OR RETIRED ENLISTED MEMBERS OF THE ARMED FORCES. 0 0 7199005 6352650 0 PROVIDED APPROXIMATELY $9.9 MILLION IN INTEREST-FREE LOANS AND $6.4 MILLION IN GRANTS FOR UNDERGRADUATE EDUCATION TO CHILDREN OF UNIFORMED SERVICE MEMBERS. INTEREST-FREE LOANS WERE FOR $7,000 OR $7,500 EACH. GRANTS RANGED FROM $500 TO $12,000. 348000 348000 0 PROVIDED AMERICAN PATRIOT GRANTS TO 29 STUDENTS WHOSE PARENT DIED WHILE ACTIVELY SERVING IN THE UNIFORMED SERVICES OR COLLECTED T-SGLI 7547005 1 1 0 0 0 0 0 0 0 1 0 0 0 0 1 1 1 1 0 0 0 0 0 0 1 0 0 0 1 1 0 0 0 0 0 0 0 0 0 0 0 0 0 1 0 0 0 1 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 X 6 6 0 0 0 0 0 1 1 1 0 0 0 1 1 1 1 1 1 1 1 0 AR CA FL HI IL KS KY MD MA MI MN MS NC ND NH NJ NM NY OR PA RI SC TN WV WI VA X X CARLOS PEREZ JR 7038288102 201 N WASHINGTON STREET ALEXANDRIA VA 22314 CWO4 LELIA P JACKSON MEMBER 1.00 1.00 X 0 0 0 VIRGINIA GAIL JOYCE MEMBER 1.00 1.00 X 0 0 0 COL STEPHANIE E DAWSON MEMBER 1.00 1.00 X 0 0 0 MG GEORGE A ALEXANDER MEMBER 1.00 1.00 X 0 0 0 VADM FRED M MIDGETTE MEMBER 1.00 1.00 X 0 0 0 LT COL KARON L UZZELL-BAGGETT MEMBER 1.00 1.00 X 0 0 0 LT GEN BRIAN T KELLY PRESIDENT/CEO 1.00 34.00 X 0 574881 120034 COL JAMES O'BRIEN EXECUTIVE VICE PRESIDENT/COO 1.00 34.00 X 0 365043 24703 MAJ GEN JOSEPH G LYNCH END 0125 GENERAL COUNSEL, CORPORATE SECRETARY 1.00 34.00 X 0 36224 7189 DOUGLAS D SANDERS BEG 0125 GENERAL COUNSEL, CORPORATE SECRETARY 1.00 34.00 X 0 292560 11950 REGINA D CHAVIS EXECUTIVE VICE PRESIDENT/CFO 1.00 34.00 X 0 329549 18544 0 1598257 182420 0 0 1 0 0 54034 3716729 3770763 473661 473661 21479144 12979705 8499439 8499439 8499439 39285 54034 117950 -78665 -78665 12665198 0 0 8894435 6700650 6700650 643807 329629 169514 144664 117505 60163 30939 26403 46267 23689 12182 10396 14750 14750 34266 34266 579388 579388 404287 340671 8910 54706 58733 14154 7279 37300 25057 12831 6595 5631 13285 7021 2344 3920 12841 6574 3381 2886 8033 3185 1129 3719 10802 5709 1905 3188 43408 22225 11429 9754 BANKING & MERCHANT FEES 60536 15868 6494 38174 BAD DEBT 53885 53885 PRINTING AND PUBLICATIO 4344 2224 1144 976 COMMUNICATIONS 2355 1206 620 529 7915 1206 620 6089 8842114 7547005 946774 348335 1663440 4884283 7730609 7414833 715001 2186543 36431448 38846512 10900 8230 116114245 121621594 6305805 6610079 3264835 3539415 172236283 185111489 8753 8753 1666373 1275382 1675126 1284135 X 136450404 145315459 34110753 38511895 170561157 183827354 172236283 185111489 X 3823084 9253995 189118 X 0 1 X 1 0 X 10402858 5948920 1862185 3560909 3770763 25545635 10402858 5948920 1862185 3560909 3770763 25545635 4727709 20817926 205870 496853 1250670 663910 473661 3090964 162 50 39285 39497 28676096 0.72600 0.77850 X RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED 29116385 2506 4799946 834332 33084505 31078722 2585793 4548130 29116385 27869737 14259 3508726 314000 31078722 32378311 6875 -3938499 -577000 27869737 25831631 12390 7087290 -553000 32378311 0.00000 0.69495 0.30505 0 0 0 SPLIT-INTEREST LIABILITIES 1106390 DUE TO MOAA 168992 1275382 X 21646873 9253995 307068 9561063 12085810 579388 579388 12665198 8380676 117950 117950 8262726 579388 579388 8842114 PART V, LINE 4: PROVIDE INTEREST-FREE LOANS AND GRANTS FOR UNDERGRADUATE EDUCATION TO CHILDREN FROM MILITARY FAMILIES. PART X, LINE 2: THE SCHOLARSHIP FUND IS EXEMPT FROM THE PAYMENT OF INCOME TAXES ON ITS EXEMPT ACTIVITIES UNDER SECTION 501(C)(3) OF THE INTERNAL REVENUE CODE (IRC). THE SCHOLARSHIP FUND HAS ADOPTED THE GUIDANCE ON THE INCOME TAX STANDARD REGARDING THE RECOGNITION AND MEASUREMENT OF UNCERTAIN TAX POSITIONS. THE ADOPTION OF THIS STANDARD HAD NO IMPACT ON THE SCHOLARSHIP FUND'S FINANCIAL STATEMENTS. PART XI, LINE 2D - OTHER ADJUSTMENTS: CHANGE IN BENEFICIAL INTEREST IN ANNUITY TRUSTS 229,683. CHANGE IN BENEFICIAL INTEREST IN PERPETUAL TRUSTS 44,897. CHANGE IN SPLIT INTEREST LIABILITIES -85,462. FUNDRAISING EXPENSES 117,950. PART XII, LINE 2D - OTHER ADJUSTMENTS: FUNDRAISING EXPENSES 117,950. GOLF EVENT 54034 54034 50853 3181 TOTALFORCE+ 39285 0 39285 63916 93319 54034 39285 50853 67097 117950 -78665 1 AMERICAN PATRIOT GRANT 29 348000 N/A N/A CROZIER GRANT 11 110000 N/A N/A MASON GRANT 15 150000 N/A N/A RATAY GRANT 10 120000 N/A N/A GOLDENRATH GRANT 20 200000 N/A N/A BOARD NAMED SENIOR GRANT 3 36000 N/A N/A DESIGNATED SCHOLAR GRANT 1001 500500 N/A N/A BOARD GRANT 1715 5236150 N/A N/A PART I, LINE 2: WE REQUIRE STUDENTS TO PROVIDE COPIES OF THEIR TRANSCRIPTS UPON COMPLETION OF THE COURSE WORK. PART III, COLUMN (B): GRANTS ARE ASSIGNED TO APPLICANTS DURING THE APPLICATION AND DISBURSEMENT PROCESS. 0 1 0 0 0 0 0 0 0 LT GEN BRIAN T KELLY PRESIDENT/CEO 0 462007 0 106375 0 6499 0 120000 0 34 0 694915 0 0 COL JAMES O'BRIEN EXECUTIVE VICE PRESIDENT/COO 0 304585 0 53274 0 7184 0 22500 0 2203 0 389746 0 0 REGINA D CHAVIS EXECUTIVE VICE PRESIDENT/CFO 0 269665 0 50138 0 9746 0 17448 0 1096 0 348093 0 0 DOUGLAS D SANDERS BEG 0125 GENERAL COUNSEL, CORPORATE SECRETARY 0 244625 0 42435 0 5500 0 11854 0 96 0 304510 0 0 PART I, LINE 4B BRIAN KELLY'S COMPENSATION REPORTED ON FORM 990, PART VII INCLUDED $23,500 FOR SUPPLEMENTAL NONQUALIFIED RETIREMENT PLAN; TERMS AND CONDITIONS WERE AS FOLLOWS: 457B DEFERRED COMPENSATION JAMES O'BRIEN'S COMPENSATION REPORTED ON FORM 990, PART VII INCLUDED $23,500 FOR SUPPLEMENTAL NONQUALIFIED RETIREMENT PLAN; TERMS AND CONDITIONS WERE AS FOLLOWS: 457B DEFERRED COMPENSATION REGINA D. CHAVIS'S COMPENSATION REPORTED ON FORM 990, PART VII INCLUDED $23,500 FOR SUPPLEMENTAL NONQUALIFIED RETIREMENT PLAN; TERMS AND CONDITIONS WERE AS FOLLOWS: 457B DEFERRED COMPENSATION FORM 990, PART VI, SECTION A, LINE 7A THE BOARD OF THE MILITARY OFFICERS ASSOCIATION OF AMERICA PROVIDES AND APPOINTS THE BOARD OF THE SCHOLARSHIP FUND (SF). THERE WERE 6 BOARD MEMBERS IN THE SCHOLARSHIP FUND BOARD DURING 2025: CWO4 LELIA P JACKSON (RETIRED), MRS. VIRGINIA "GAIL" JOYCE, COL. STEPHANIE E DAWSON (RETIRED), VADM FRED M. MIDGETTE, MG GEORGE A ALEXANDER, AND LT COL KARON L UZZELL-BAGGETT. FORM 990, PART VI, SECTION A, LINE 7B THE BOARD OF THE MILITARY OFFICERS ASSOCIATION OF AMERICA CAN REMOVE BOARD MEMBERS OF THE SCHOLARSHIP FUND, DETERMINE THE DISPOSITION OF ANY REMAINING FUNDS ON DISSOLUTION OF THE FUND, AND MUST APPROVE ANY AMENDMENTS OR REVISIONS TO THE ARTICLES OR BYLAWS OF THE FUND. FORM 990, PART VI, SECTION A, LINE 8B NO COMMITTEES HAVE THE AUTHORITY TO ACT ON BEHALF OF THE BOARD. FORM 990, PART VI, SECTION B, LINE 11B THE BOARD OF DIRECTORS AND THE FINANCE COMMITTEE REVIEW AND APPROVE THE 990 TAX RETURN BEFORE FILING. FORM 990, PART VI, SECTION B, LINE 12C MOAA CONDUCTS A FOUR-HOUR ORIENTATION PROGRAM FOR ALL NEWLY APPOINTED BOARD MEMBERS. AS PART OF THIS ORIENTATION, ALL NEWLY APPOINTED BOARD MEMBERS ARE BRIEFED ON THEIR RESPONSIBILITIES AS BOARD MEMBERS. THIS INCLUDES A BRIEFING ON THEIR RESPONSIBILITIES TO AVOID TRANSACTIONS THAT MIGHT INVOLVE CONFLICTS OF INTEREST. IN ADDITION, EACH BOARD MEMBER IS REQUIRED TO COMPLETE A CONFLICT OF INTEREST QUESTIONNAIRE ONCE EACH YEAR TO DISCLOSE ANY BUSINESS OR PERSONAL RELATIONSHIPS THAT MIGHT RESULT IN A CONFLICT OF INTERESTS. THE MOAA GENERAL COUNSEL PERSONALLY REVIEWS EACH BOARD MEMBER'S RESPONSES. THE GENERAL COUNSEL MONITORS MATTERS COMING BEFORE THE BOARD FOR ACTION AND ENSURES THAT BOARD MEMBERS WITH POTENTIAL CONFLICTS ARE RECUSED AND TAKE NO ACTION ON MATTERS IN WHICH THEY HAVE AN INTEREST. THE GENERAL COUNSEL ALSO REVIEWS ALL SIGNIFICANT TRANSACTIONS AND ENSURES BOARD MEMBERS ARE NOT INVOLVED IN SUCH MATTERS. THE GENERAL COUNSEL REPORTS ANY POTENTIAL CONFLICTS AND THE REMEDIAL ACTION TAKEN TO THE CHAIRMAN OF THE BOARD. FORM 990, PART VI, SECTION B, LINE 15 THE PROCESS TOOK PLACE UNDER MOAA AS EMPLOYMENT RELATIONSHIP AND PAYROLL WERE MANAGED BY MOTHER MOAA (TAX ID53-0172821). THE FOLLOWING PROCESS IS USED WHEN ESTABLISHING THE COMPENSATION: THE CHAIRMAN OF THE BOARD APPOINTS A PRESIDENTIAL ASSESSMENT COMMITTEE TO EVALUATE THE CEO'S PERFORMANCE ALIGNED WITH OUR STRATEGIC GOALS USING BOARD MEMBER ASSESSMENT AND FEEDBACK, INPUT FROM THE CEO, LEADERSHIP AND STAFF, AND ENTIRE STAFF 360 EVALUATION. THE ASSESSMENT COMMITTEE RELAYS ITS FINDINGS TO THE COMPENSATION COMMITTEE WHICH USES FORMS 990 FROM OTHER MILITARY VETERAN NON-PROFITS, SALARY SURVEY DATA FROM PRM CONSULTING, THE AMERICAN SOCIETY OF ASSOCIATION EXECUTIVES' (ASAE) ASSOCIATION COMPENSATION STUDY, ASSOCIATIONS TRENDS, AMONG OTHERS, TO DETERMINE FAIR AND REASONABLE COMPENSATION FOR THE PRESIDENT. PRM CONSULTING ACTIVELY TRACKS CEO NONPROFIT COMPENSATION IN THE MIDATLANTIC REGION AS WELL AS LIKE ORGANIZATIONS. ASAE PUBLISHES AN ANNUAL NATIONAL COMPENSATION SURVEY OF PROFESSIONAL ASSOCIATIONS THAT TAKES INTO ACCOUNT THE SCOPE AND SIZE OF THE ASSOCIATION, TYPE OF INDUSTRY, ANNUAL GROSS REVENUES, AND LOCATION OF ASSOCIATION HEADQUARTERS. THE COMPENSATION COMMITTEE THEN MEETS AND REVIEWS ALL COMPARABILITY DATA AND RECOMMENDS ANNUAL COMPENSATION TO THE ENTIRE BOARD WHO DELIBERATE, DOCUMENT, AND APPROVE THE PRESIDENT'S ANNUAL COMPENSATION. MINUTES OF BOTH THE COMPENSATION COMMITTEE AND CLOSED BOARD DELIBERATIONS ARE DOCUMENTED. THE PROCESS WAS LAST UNDERTAKEN IN 2025. FOR OTHER EMPLOYEES, HUMAN RESOURCES REVIEWS COMPETITIVE MARKET ANALYSIS BY AN INDEPENDENT CONSULTANT (PRM CONSULTING) WHICH DETERMINES THE APPROPRIATE PAY CORRIDOR FOR EACH EMPLOYEE POSITION. PRM MATCHES MOAA POSITION DESCRIPTIONS TO THE SAME OR SIMILAR POSITIONS COVERED IN THE MOST RELEVANT PUBLISHED PAY SURVEYS. ONCE MATCHED, MOAA IS GIVEN A COMPETITIVE CORRIDOR FOR EACH POSITION. PERFORMANCE EVALUATIONS ARE USED IN DETERMINING COMPENSATION. THE COMPENSATION COMMITTEE THEN MEETS AND REVIEWS COMPARABILITY DATA; AND RECOMMENDS PERCENT INCREASE TO THE OVERALL PERSONNEL BUDGET LINE. THE ENTIRE BOARD DELIBERATES AND APPROVES. MINUTES OF BOTH THE COMPENSATION COMMITTEE AND CLOSED BOARD DELIBERATIONS ARE DOCUMENTED. ONCE APPROVED, THE PRESIDENT THEN WORKS WITH THE LEADERSHIP TO DETERMINE COMPENSATION FOR INDIVIDUAL EMPLOYEES WITHIN BOARD GUIDELINES AND INTENT. THE PROCESS DESCRIBED HERE WAS LAST COMPLETED IN 2025. FORM 990, PART VI, SECTION C, LINE 19 THE ORGANIZATION'S GOVERNING DOCUMENTS, CONFLICT OF INTEREST POLICY AND FINANCIAL STATEMENTS ARE MADE AVAILABLE TO THE PUBLIC UPON REQUEST. FORM 990, PART XI, LINE 9: CHANGE IN SPLIT INTEREST LIABILITIES -85,461. CHANGE IN BENEFICIAL INTEREST IN ANNUITY TRUSTS 229,683. CHANGE IN BENEFICIAL INTEREST IN PERPETUAL TRUSTS 44,896. MILITARY OFFICERS ASSOCIATION OF AMERICA 201 N WASHINGTON ST ALEXANDRIA VA 22314 530172821 PROVIDING ADVOCACY AND GUIDANCE TO MEMBERS OF THE MILITARY VA 501(C)(19) N/A 0 THE MOAA FOUNDATION 201 N WASHINGTON STREET ALEXANDRIA VA 22314 464219250 CHARITABLE AND EDUCATIONAL PROGRAMS,SUPPORT TO MILITARY MEMBERS AND FAMILIES VA 501(C)(3) LINE 7 MILITARY OFFICERS ASSOCIATION OF AMERICA 1 0 0 0 0 0 0 0 0 0 0 0 0 1 1 1 0 1 0 0 MILITARY OFFICERS ASSOCIATION OF AMERICA Q 326817 FMV MILITARY OFFICERS ASSOCIATION OF AMERICA O 807579 FMV